Power play: City studies ways to maximize hydro plant's assets after National Grid contract ends | Business
WATERTOWN — The 99-year-old hydroelectric power plant on Marble Street is being called one of the city’s best assets.
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WATERTOWN — The 99-year-old hydroelectric power plant on Marble Street is being called one of the city’s best assets.
Watertown officials have prudently opted to solicit the advice of a consulting firm to help plan the future of the city’s hydroelectric facility.
WATERTOWN â The cityâs hydroelectric task force is still getting its feet wet studying what the city should do to offset the loss of millions of dollars after an agreement with National Grid comes to an end just eight years from now. The task force is meeting for a second time today to talk about the financial cliff that the city faces once the lucrative contract to provide hydroelectric power to National Grid ends in 2029. Last month, the 7-member group, led by former Mayor Joseph M. Butler Jr., got together to begin studying the issue. âWeâre still getting the lay of the...
WATERTOWN â The cityâs hydroelectric task force is still getting its feet wet studying what the city should do to offset the loss of millions of dollars after an agreement with National Grid comes to an end just eight years from now. The task force is meeting for a second time Thursday to talk about the financial cliff that the city faces once the lucrative contract to provide hydroelectric power to National Grid ends in 2029. Last month, the 7-member group, led by former Mayor Joseph M. Butler Jr., got together to begin studying the issue. âWeâre still getting the lay of ...